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Be Friends Holding (HKSE:01450) Interest Expense : HK$-14 Mil (TTM As of Jun. 2024)


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What is Be Friends Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Be Friends Holding's interest expense for the six months ended in Jun. 2024 was HK$ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-14 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Be Friends Holding's Operating Income for the six months ended in Jun. 2024 was HK$ 111 Mil. Be Friends Holding's Interest Expense for the six months ended in Jun. 2024 was HK$ -7 Mil. Be Friends Holding's Interest Coverage for the quarter that ended in Jun. 2024 was 15.91. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Be Friends Holding Interest Expense Historical Data

The historical data trend for Be Friends Holding's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Be Friends Holding Interest Expense Chart

Be Friends Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.65 -17.80 -16.10 -15.58 -13.75

Be Friends Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.04 -5.61 -9.97 -6.95 -6.85

Be Friends Holding Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-14 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Friends Holding  (HKSE:01450) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Be Friends Holding's Interest Expense for the six months ended in Jun. 2024 was HK$-7 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$111 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$66 Mil.

Be Friends Holding's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*110.589/-6.952
=15.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Be Friends Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 601 Qiuyi Road Changhe Street, Building 5, (Zhejiang) Pilot Free Trade Zone, Binjiang District, Hangzhou, CHN, 310056
Be Friends Holding Ltd engaged in the provision of new media services; application solutions; sales of self-developed products; and system maintenance services, for the all-media industry in the People's Republic of China (the PRC). The Group has operations mainly in the PRC. The company's segments include New media services; and Television broadcasting business. It derives the majority of its revenue from the New media services segment.
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